BREAKING: Jack Ma, the founder of Alibaba, has accepted a teaching job in Hong Kong. This is a major victory for Jack and his team, as they have been working hard to build a successful business in China and Hong Kong.

The founder of Chinese tech giant, Alibaba, Jack Ma has accepted a teaching job in Hong Kong.

Ma accepted an honorary professor of business at a top Hong Kong university, the school announced Friday.

The appointment comes weeks after the billionaire made a rare public appearance in China following his fall from grace during a government crackdown on the tech industry over two years ago.

Ma has kept a low profile since late 2020, when a speech he made attacking Chinese regulators was followed by Beijing pulling the plug on a planned IPO by Alibaba afiliate Ant Group.

A record fine of $2.75 billion was later imposed on Alibaba for alleged unfair business practices.

The University of Hong Kong on Friday said Ma had accepted an honorary professorship from its business school.

A spokesperson for the institution said it welcomed Ma sharing “his rich knowledge and experience in business innovation and development”.